The most important thing is for Chinese citizens to have gold on hand as well. Indians are doing well in this regard with gold jewelry and stuff due to frequent fluctuations in their currency.
US capital markets still beat out China's capital markets
US markets “have very large and very deep pools of liquidity”, said Jason Elder, a partner at law firm Mayer Brown, despite the fact that Hong Kong had “made great strides” in recent years with reforms to its listings rules.
Among the advantages US markets still offer, bankers said, were higher trading turnover. That makes it easier to carry out secondary share placements and follow-on stock offerings. Bankers also highlighted the depth of expertise among Wall Street analysts.
“The fact you can do a secondary listing pretty easily also provides us some encouragement,” said one Wall Street banker. But the US “still has a heck of a lot more liquidity, and access to a lot [bigger] investor base”.
The fact that they need to make this comparison shown how far things have come. People are now expressing doubts and so they need to go out of their way to try to assuage investors about the economic situation in the US.US capital markets still beat out China's capital markets
US markets “have very large and very deep pools of liquidity”, said Jason Elder, a partner at law firm Mayer Brown, despite the fact that Hong Kong had “made great strides” in recent years with reforms to its listings rules.
Among the advantages US markets still offer, bankers said, were higher trading turnover. That makes it easier to carry out secondary share placements and follow-on stock offerings. Bankers also highlighted the depth of expertise among Wall Street analysts.
“The fact you can do a secondary listing pretty easily also provides us some encouragement,” said one Wall Street banker. But the US “still has a heck of a lot more liquidity, and access to a lot [bigger] investor base”.
The fact that they need to make this comparison shown how far things have come. People are now expressing doubts and so they need to go out of their way to try to assuage investors about the economic situation in the US.
$GLD breaking out, gold hitting 1900. US dollar going into the TRASH as J Pow prints moar and moar.
They will inflate away the debt.